three of the top five countries today are in scandal navy ya. norway, sweden, and denmark. look at the oold world economic forums competitive global index. the united states has fallen to seven in the latest rangings. finland and sweden are in the top five. look at corruption. the united states ranks 19th in the international transspirnlts index. denmark and finland are the cleanest. you can look at two things. america is losing its edge. each of these countries seem to dominate global rankingsly. why? what is their secret sauce? well, scandinavia is much more free market oriented than people realize. capital is allocated by the market. the government doesn't own companies. regulation is usually light. corruption is nonexistent. companies can hire and fire easily. labor moves around. but these countries do tax a lot and spend a lot on education, child care, health, and other things. now, a recent m.i.t. paper suggests there are limits to this model. it's called "can't we all be more like scandinavians." we've livglinked in paper. in brief it shows how they provide more bene